IIFL Securities Vs Edelweiss (Compare IIFL Securities and Edelweiss)


IIFL Securities
Incorporated in 1995, IIFL Securities is one of the largest full-service stockbrokers in India. IIFL Securities is part of IIFL Group, a leading financial service provider offering a wide range of services. IIFL is a well-recognized brand for the quality of its advice, personalized service, and the use of cutting-edge technology. IIFL Securities offers online trading and research-based advisory services for an entire range of financial products as Stocks, Derivatives, Commodities, Insurance, FD... Know more about IIFL Securities Ltd


Edelweiss
Incorporated in 2008, Edelweiss Broking Ltd. is a Mumbai, India based full- service stockbroking firm. The company is a part of Edelweiss Group, incorporated in 1995, a leading diversified financial services conglomerate. The Retail Broking business of Edelweiss offers facilities to invest & trade in all major asset classes: Equity, Debt, Mutual Funds, IPOs, Currency Derivatives, commodities and Futures & Options. Edelweiss offers investment advice backed by research and analysis to it... Know more about Edelweiss Broking Ltd

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IIFL Securities Vs Edelweiss

Incorporated in 1996, IIFL Securities is a Full Service Broker. It offers trading at NSE, BSE, MCX. It has 900 branches across India. Incorporated in 2002, Edelweiss is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 237 branches across India.

  IIFL Securities Edelweiss
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership NSE, BSE, MCX BSE, NSE, MCX, NCDEX
Year of Incorporation 1996 2002
Number of Branches 900 237
Open an Online Trading Account with IIFL Securities.Open an Online Trading Account with Edelweiss.
Open IIFL Securities AccountOpen Edelweiss Account
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IIFL Securities Vs Edelweiss Charges & AMC

IIFL Securities trading account opening charges is Rs 0 (Free) while Edelweiss account opening changes is Rs 0 (Free). IIFL Securities Demat Account AMC Charges is Rs 250 (Free for 1st year) and Edelweiss Demat Account AMC Charges is Rs 500 (1st Year Free).

  IIFL Securities Edelweiss
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 Rs 0 (Free)
Demat Account AMC Charges Rs 250 (Free for 1st year) Rs 500 (1st Year Free)
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IIFL Securities Vs Edelweiss Brokerage Charges & Plans

IIFL Securities Vs Edelweiss Brokerage

IIFL Securities brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per order whereas Edelweiss brokerage charges for equity is Rs 10 per executed order and intraday is Rs 10 per executed order.

  IIFL Securities Edelweiss
Account Type iServe Edelweiss Lite
Fixed Charges NA NA
Equity Delivery Rs 0 (Free) Rs 10 per executed order
Equity Intraday Rs 20 per order Rs 10 per executed order
Equity Futures Rs 20 per order Rs 10 per executed order
Equity Options Rs 20 per order Rs 10 per executed order
Currency Futures Rs 20 per order Rs 10 per executed order
Currency Options Rs 20 per order Rs 10 per executed order
Commodity Futures Rs 20 per order
Commodity Options Rs 20 per order
Special Offer
Special Offer: Invest brokerage-free Equity Delivery (truly no brokerage) + Pay flat Rs 20 per trade for Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.
Special Offer: Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.

IIFL Securities Vs Edelweiss Brokerage Plan 2

  IIFL Securities Edelweiss
Account Type iServe Edelweiss Elite
Fixed Charges NA
Equity Delivery Rs 0 (Free) 0.30%
Equity Intraday Rs 20 per order 0.03%
Equity Futures Rs 20 per order 0.03%
Equity Options Rs 20 per order Rs 75 per lot
Currency Futures Rs 20 per order 0.02%
Currency Options Rs 20 per order Rs 22 per lot
Commodity Futures Rs 20 per order
Commodity Options Rs 20 per order
Open IIFL Securities AccountOpen Edelweiss Account

IIFL Securities Charges Vs Edelweiss

Minimum Brokerage 0.03% Equity delivery, 0.01% Intra-day and Futures
Other Charges Advisory SMS - Rs 50 per month Margin Funding: 0.08%/day, Research: Rs 50 per month,
Call & Trade Charges Rs 50 per call Rs 20 per call
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IIFL Securities Vs Edelweiss Transaction Charges

IIFL Securities transaction charges for options is Rs 5100 per Cr (0.051%) (on premium) while Edelweiss exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 5000 per Cr (0.05%) (on premium).

  IIFL Securities Edelweiss
Equity Delivery Rs 325 per Cr (0.00325%) NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)
Equity Intraday Rs 325 per Cr (0.00325%) NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)
Equity Futures Rs 210 per Cr (0.0021%) NSE Rs 190 per Cr (0.0019%) | BSE Rs 190 per Cr (0.0019%) (each side)
Equity Options Rs 5100 per Cr (0.051%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 5000 per Cr (0.05%) (on premium)
Currency Futures Rs 210 per Cr (0.0021%) NSE Rs 115 per Cr (0.00115%) | BSE Rs 115 per Cr (0.00115%)
Currency Options Rs 5100 per Cr (0.051%) (on premium) Rs 4000 per Cr (0.04%) (on premium)
Commodity Group A - Rs 280 per Cr (0.0028%)
Open IIFL Securities AccountOpen Edelweiss Account
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IIFL Securities Vs Edelweiss Leverage (Margin)

IIFL Securities margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Edelweiss margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

  IIFL Securities Edelweiss
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday Up to 6x (based on the stock) Up to 6x (based on the stock)
Equity F&O Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Open IIFL Securities AccountOpen Edelweiss Account
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Compare IIFL Securities and Edelweiss Features

The trading platforms offered IIFL Securities include IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App. Edelweiss offers Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress trading software.

  IIFL Securities Edelweiss
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) No Yes
Trading Platform IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress
Intraday Square-off Time 3:00 PM
Other Features
Referral Program
Open IIFL Securities AccountOpen Edelweiss Account
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IIFL Securities Vs Edelweiss Review

IIFL Securities is rated 2.7 of 5 based on 118 customer reviews whereas Edelweiss is rated 3.0 of 5 based on 65 customer reviews.

  IIFL Securities Edelweiss
  118 Customer Reviews    Rate IIFL Securities 65 Customer Reviews    Rate Edelweiss
Fees 2.8 3.1
Brokerage 2.6 3.1
Trading Platform 3.2 3.5
Customer Service 2.7 2.7
Research Capabilities 3.3 2.8
Overall Ratings Rated 2.7 stars Rated 3.0 stars
Broker Rating IIFL Securities is rated 2.7 of 5 based on 118 customer reviews Edelweiss is rated 3.0 of 5 based on 65 customer reviews
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Contact Broker / Request A Call Back

  IIFL Securities Enquire Edelweiss Enquire
Contact Broker Invest brokerage-free Equity Delivery (truly no brokerage) + Pay flat Rs 20 per trade for Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today. Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.
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IIFL Securities Vs Edelweiss Investment Options

  IIFL Securities Edelweiss
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Insurance
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IIFL Securities Vs Edelweiss Order Type Offered

  IIFL Securities Edelweiss
Bracket Order Yes No
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) Yes Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes No
Open IIFL Securities AccountOpen Edelweiss Account
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IIFL Securities Vs Edelweiss Research Report

  IIFL Securities Edelweiss
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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IIFL Securities Vs Edelweiss Suitable For Investor Type

  IIFL Securities Edelweiss
Casual Investor
Active Investor Yes Yes
Trader Yes Yes
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IIFL Securities Vs Edelweiss - Pros and Cons

  IIFL Securities Edelweiss
Pros
  1. Full-service broker offering quality research and recommendations.
  2. Brokerage-free equity delivery trading. No brokerage when you buy/sell shares for the long term (take delivery in demat).
  3. Flat Rs 20 per trade brokerage for Intraday & F&O.
  4. IIFL offers Equity SIP and Mutual Fund SIP.
  5. Margin funding is available.
  6. IIFL Securities is a publicly-traded company listed at BSE and NSE.
  1. Full-service broker offering discount brokerage plan.
  2. Trade at flat Rs 10 per executed order across all segments in Edelweiss Lite Plan.
  3. Instant online account opening: Open your Investing & Trading account in less than 15 minutes.
  4. Offer commodity trading on the same trading platform.
  5. Free research and trading tips call to all the customers.
  6. Online IPO application.
Cons
  1. The bracket orders are not available.
  2. Good Till canceled orders are not available.
  3. Higher minimum brokerage: 3 paise per share in delivery, 1 paisa per share on Intraday and Futures
  4. Call & Trade is available at an additional cost of Rs 20 per call.
Reviews
Promo / Offers

Free Equity Delivery Trading + Free Account Opening

  • Brokerage-free Equity Delivery and flat Rs 20 per trade for Intraday and F&O +
  • Trade with the best rated mobile trading app.

This is a limited-time offer. Open FREE Instant IIFL Account online and start trading today.

Trade @ Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening (for limited time only)

  • Flat Rs 10 per trade across all segments.
  • FREE Research and Trading Tips.
  • Margin against share and Margin Funding available.

It is a limited-time offer. Open FREE Edelweiss Account online in just 15 Minutes.

Open IIFL Securities AccountOpen Edelweiss Account

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